• Cash Receipts for the March Quarter of 2018 of US$500K (approximately A$650K)

San Francisco – 30 April, 2018 BrainChip Holdings Ltd. (“BrainChip” or the “Company”) (ASX:BRN), a leading developer of software and hardware accelerated solutions for advanced artificial intelligence (AI) and machine learning applications, is pleased to provide an update for the quarter ended 31 March 2018 to accompany the Company’s quarterly cash flow report.